The client, Françoise, has been a business woman for 6 years, and is a member of a business group, Mungu ni Mwema, an entrepreneur, 33 years old, married, and a mother of 7, all of whom attend school. She sells used shoes as a traveling saleswoman in the city. She is seeking a loan from Hekima to grow her business. She is going to buy 14 pairs of shoes. Her spouse is an agent in a restaurant. She started her business with funds from her husband. In the future, she hopes to buy a plot of land and build, and to pay for her children’s schooling and food. She thanks Hekima for having chosen well its objective, by supporting female entrepreneurs excluded from the classic bank system, while giving them loans with no material guarantee, especially during the post-conflict period in the east region.
La cliente Françoise est une commerçante depuis 6 ans et membre d’un collectif d’affaires «Mungu ni Mwema», entrepreneur, âgée de 33 ans, mariée et mère de 7 enfants qui tous, étudient. Elle est vendeuse souliers usagés, elle fait le marché ambulatoire dans la ville. Elle sollicite un prêt auprès de Hekima pour accroitre ses activités. Elle va acheter 14 paires de souliers. Son conjoint est un agent dans un restaurant. Elle débuta avec de fonds reçu de son mari. Dans l’avenir, elle souhaite acheter une parcelle et la construire, scolariser et nourrir ses enfants. Elle remercie Hekima pour avoir bien choisi sa cible, en apportant un soutien aux femmes entrepreneurs exclues du système bancaire classique, tout en leur accordant des crédits sans garantie matérielle, surtout, pendant, la période post conflit dans la région de l’Est Pays.
HEKIMA is a microfinance institution headquartered in Goma, Democratic Republic of the Congo (DRC), with branch offices in Goma and Bukavu. HEKIMA aims to contribute to the transformation of the economic, social, and spiritual lives of the economically active poor of the DRC. To this end, HEKIMA provides its clients with solidarity group loans to support income-generating activities. Despite ongoing instability and violence in its operating areas, HEKIMA continues to keep its doors open and provide credit and savings services for its over 90% female clientele.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.